Greenville SC Real Estate Growth

A cold, wet storm gave us a good soaking thein the new 250 acre Millennium Campus. This
last few days, but has finally departed thecampus is adjacent to the International Center for
Upstate and we're looking for nice clear days withAutomotive Research (ICAR) project and across
highs in the mid to upper 50's for the rest of theI-85 from the large planned-residential Verdae
week.project. If fully developed, it would dwarf their
As growth pushes further into Greenville County,downtown location (30.2 acres) and their satellite
residents are rethinking the historic lack of zoningWomen's and Family Hospital (15 acres) on the
and considering it for the future. Building permitseastside. St. Francis recently abandoned a
have increased 42% since 2001 and look toproposed parking deck joint venture with
continue in that direction. The availability of jobsGreenville Hospital System on the Eastside
and raw land tend to fuel this growth, reportscampus.
Grant Cunningham, a planning professor ofResidential real estate sales have remained brisk
Clemson University. Greenville school district'sthroughout the fall and holiday season and are
decision to build mega-schools in the outlying areasexpected to continue into 2006. New home
where land is cheap has also played a factor inconstruction remains a major player in the
the outward growth.inventory of homes available on the market.
Year Number of building permitsWritten by:
2001 2032Lee Cunningham Realtor, ABR, GRI, CRS
2002 2032The Lee Cunningham Team
2003 2099RE/MAX Realty Professionals
2004 2326864-679-0707 Directe-mail:
2005 2896We provide representation for home buyers and
Source: Lee Polowczuk, Greenville Countyhome sellers, homes for sale, Investment
spokesperson & Greenville Newsproperty, and acreage. Relocation specialist,
In commercial real estate, Bon Secours St. FrancisSeniors Specialist!
Health Systems has taken an option on 54 acres